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Mumbai's Local Loan Service
8355 955 000
Call
Mumbai, Thane & Navi Mumbai.
Apply online in minutes for quick loans today! Our Quick loans online application can be completed on the go or from
the comfort and privacy of your own home. Just click on the 'Apply Now!' button or choose your desired loan amount above to apply
for quick loans today!
Call 8355 955 000 to apply over phone (Mumbai, Thane & Navi Mumbai Only).
Personal Loan FAQ's
1. What is Personal loan?
> A personal loan is an unsecured loan, meaning the borrower does not put up any collateral or security
to guarantee the repayment of the loan.
2. What can i use my Personal loan for?
> Personal loan can be used to pay off
credit card dues, buy a LCD TV, Buy your better half a diamond ring or other household expenses.
3. How do i take a personal
loan?
> You can start by checking with different banks or just enquire with us here.
4. How is my loan eligibility
determined?
> Loan eligibility depends upon various factors which differ from bank to bank. The main factor is your ability
to repay the loan and your CIBIL score. Your profile, in terms of residence and the place you work are also very important.
5. What
is the maximum tenure and maximum amount of personal loan available?
> The maximum tenure you can take is 5 years and maximum
amount of unsecured loan is INR 30 lakh.
6. What fees & charges are payable?
> Apart from the rate of
interest bank also do charge some fees which are of two types. Once when you are applying for the loan and once when you are pre-closing
the loan. The fees when charged at the time of processing called as Processing Fees vary from 1%-3% of the loan amount. The second
charge is the prepayment penalty paid at the time of preclosure. This too varies from 2 –5 %.
7. What is the rate of interest
that will be charged on my loan and how soon do i get my money?
> Rate of interest varies from bank to bank, it usually is
between 14% to 26%. It usually takes 7-10 working days to get a loan disbursed.
8. Can I apply for the loan with my spouse?
> Yes, you can apply for a personal loan jointly, dependent on your lender.
9. How do i repay my loan?
> At the time of
applying for the loan, banks ask you to submit all the post dated cheques (PDC). for each month with Emi which is equal monthly installments
or they ask you to sign an Ecs(Electronic clearing system ) with the account that you hold. Mostly these cheques/Ecs are presented
on 1st of each month, so please do confirm with the bank on that respect.
Mumbai's Local Loan Service
8355 955 000
Call
Mumbai, Thane & Navi Mumbai.
Apply online in minutes for quick loans today! Our Quick loans online application can be completed on the go or from
the comfort and privacy of your own home. Just click on the 'Apply Now!' button or choose your desired loan amount above to apply
for quick loans today!
Call 8355 955 000 to apply over phone (Mumbai, Thane & Navi Mumbai Only).
Personal Loan FAQ's
1. What is Personal loan?
> A personal loan is an unsecured loan, meaning the borrower does not put up any collateral or security
to guarantee the repayment of the loan.
2. What can i use my Personal loan for?
> Personal loan can be used to pay off
credit card dues, buy a LCD TV, Buy your better half a diamond ring or other household expenses.
3. How do i take a personal
loan?
> You can start by checking with different banks or just enquire with us here.
4. How is my loan eligibility
determined?
> Loan eligibility depends upon various factors which differ from bank to bank. The main factor is your ability
to repay the loan and your CIBIL score. Your profile, in terms of residence and the place you work are also very important.
5. What
is the maximum tenure and maximum amount of personal loan available?
> The maximum tenure you can take is 5 years and maximum
amount of unsecured loan is INR 30 lakh.
6. What fees & charges are payable?
> Apart from the rate of
interest bank also do charge some fees which are of two types. Once when you are applying for the loan and once when you are pre-closing
the loan. The fees when charged at the time of processing called as Processing Fees vary from 1%-3% of the loan amount. The second
charge is the prepayment penalty paid at the time of preclosure. This too varies from 2 –5 %.
7. What is the rate of interest
that will be charged on my loan and how soon do i get my money?
> Rate of interest varies from bank to bank, it usually is
between 14% to 26%. It usually takes 7-10 working days to get a loan disbursed.
8. Can I apply for the loan with my spouse?
> Yes, you can apply for a personal loan jointly, dependent on your lender.
9. How do i repay my loan?
> At the time of
applying for the loan, banks ask you to submit all the post dated cheques (PDC). for each month with Emi which is equal monthly installments
or they ask you to sign an Ecs(Electronic clearing system ) with the account that you hold. Mostly these cheques/Ecs are presented
on 1st of each month, so please do confirm with the bank on that respect.
Mumbai, Thane & Navi Mumbai.
Apply online in minutes for quick loans today! Our Quick loans online application can be completed on the go or from
the comfort and privacy of your own home. Just click on the 'Apply Now!' button or choose your desired loan amount above to apply
for quick loans today!
Call 8355 955 000 to apply over phone (Mumbai, Thane & Navi Mumbai Only).
Personal Loan FAQ's
1. What is Personal loan?
> A personal loan is an unsecured loan, meaning the borrower does not put up any collateral or security
to guarantee the repayment of the loan.
2. What can i use my Personal loan for?
> Personal loan can be used to pay off
credit card dues, buy a LCD TV, Buy your better half a diamond ring or other household expenses.
3. How do i take a personal
loan?
> You can start by checking with different banks or just enquire with us here.
4. How is my loan eligibility
determined?
> Loan eligibility depends upon various factors which differ from bank to bank. The main factor is your ability
to repay the loan and your CIBIL score. Your profile, in terms of residence and the place you work are also very important.
5. What
is the maximum tenure and maximum amount of personal loan available?
> The maximum tenure you can take is 5 years and maximum
amount of unsecured loan is INR 30 lakh.
6. What fees & charges are payable?
> Apart from the rate of
interest bank also do charge some fees which are of two types. Once when you are applying for the loan and once when you are pre-closing
the loan. The fees when charged at the time of processing called as Processing Fees vary from 1%-3% of the loan amount. The second
charge is the prepayment penalty paid at the time of preclosure. This too varies from 2 –5 %.
7. What is the rate of interest
that will be charged on my loan and how soon do i get my money?
> Rate of interest varies from bank to bank, it usually is
between 14% to 26%. It usually takes 7-10 working days to get a loan disbursed.
8. Can I apply for the loan with my spouse?
> Yes, you can apply for a personal loan jointly, dependent on your lender.
9. How do i repay my loan?
> At the time of
applying for the loan, banks ask you to submit all the post dated cheques (PDC). for each month with Emi which is equal monthly installments
or they ask you to sign an Ecs(Electronic clearing system ) with the account that you hold. Mostly these cheques/Ecs are presented
on 1st of each month, so please do confirm with the bank on that respect.
Apply online in minutes for quick loans today! Our Quick loans online application can be completed on the go or from
the comfort and privacy of your own home. Just click on the 'Apply Now!' button or choose your desired loan amount above to apply
for quick loans today!
Call 8355 955 000 to apply over phone (Mumbai, Thane & Navi Mumbai Only).
1. What is Personal loan?
> A personal loan is an unsecured loan, meaning the borrower does not put up any collateral or security to guarantee the repayment of the loan.
> A personal loan is an unsecured loan, meaning the borrower does not put up any collateral or security to guarantee the repayment of the loan.
2. What can i use my Personal loan for?
> Personal loan can be used to pay off
credit card dues, buy a LCD TV, Buy your better half a diamond ring or other household expenses.
3. How do i take a personal
loan?
> You can start by checking with different banks or just enquire with us here.
4. How is my loan eligibility
determined?
> Loan eligibility depends upon various factors which differ from bank to bank. The main factor is your ability
to repay the loan and your CIBIL score. Your profile, in terms of residence and the place you work are also very important.
5. What
is the maximum tenure and maximum amount of personal loan available?
> The maximum tenure you can take is 5 years and maximum
amount of unsecured loan is INR 30 lakh.
6. What fees & charges are payable?
> Apart from the rate of
interest bank also do charge some fees which are of two types. Once when you are applying for the loan and once when you are pre-closing
the loan. The fees when charged at the time of processing called as Processing Fees vary from 1%-3% of the loan amount. The second
charge is the prepayment penalty paid at the time of preclosure. This too varies from 2 –5 %.
7. What is the rate of interest
that will be charged on my loan and how soon do i get my money?
> Rate of interest varies from bank to bank, it usually is
between 14% to 26%. It usually takes 7-10 working days to get a loan disbursed.
8. Can I apply for the loan with my spouse?
> Yes, you can apply for a personal loan jointly, dependent on your lender.
9. How do i repay my loan?
> At the time of
applying for the loan, banks ask you to submit all the post dated cheques (PDC). for each month with Emi which is equal monthly installments
or they ask you to sign an Ecs(Electronic clearing system ) with the account that you hold. Mostly these cheques/Ecs are presented
on 1st of each month, so please do confirm with the bank on that respect.